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White Paper on Economy: NDA under PM Modi nursed banking sector from...
The National Democratic Alliance (NDA) government, led by Prime Minister Narendra Modi nursed the Indian banking sector from sickness to health, said...
Testing times for Indian aviation after Go First shocker
No plans to move out of the sector, aver promoters
Creditors taking 70% haircut in IBC cases
After slowing in the pandemic period of FY21 and FY22, the number of insolvency cases increased by 25% y-o-y in Q3FY23
Poor resolution rates but superior value realisation of Real Estate...
While real estate comprises just 5 per cent of all cases under Insolvency & Bankruptcy Code (IBC), its resolution rate is among the lowest.
NCLT extends Rel Cap resolution deadline to Jan 31, 2023
NCLT extends Reliance Capital resolution process completion deadline to January 31, 2023. The earlier deadline was November 1, 2022.
SBI seeks rational recovery level in IBC process
Resolution primary objective of IBC, but need to be mindful of recovery too: SBI MD J Swaminathan
Govt to amend IBC to ease cross-border insolvency proceeds
The government will bring about necessary amendments in the Insolvency and Bankruptcy Code (IBC) to enhance corporate resolution and facilitate the...
Rs .2.55-trn worth cases resolved under IBC
Till September, 421 cases resolved under insolvency law; 1,149 cases went for liquidation: Govt